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Home My WebLink About2962 ~~ENY1NENt1 MORTGAGE NOTE • • Principal Amount: $16 i OOO. 00 Date of Note: !larCil Z8 ~ 1475 Maturity Date: TAY1 Y6i=8 Intereat ~tate: ~~f~ Amortization Period: ~om the day hereof to the Maturity Date. Instalment Payment: $198.38 First Instalmeat Payment Date: ~ay Z~ i ~ 7 rJ FOR VALUE RECEIVED. the undersigned at~d ii more than one, jointly and severally (the Maker). dces hereby covenant and pmmise to pay to the order of Sun Bank of S~ Lucie County or to its succesaora or asaigna (collectively the Papee), at its principal oifice at 111 Orange Ave., Fort Pierce, Fla. or at such other place as the Payee may designate to the Malcer in w~riting from time to time. in legal tender of the United States, the Principal Amount together with interest at the Interest Rate on the unpaid balance of the Principal Amoun~ ! : f s The sums due and owing hereunder ahall be payable during the Amortization Period in equal monthly instalmenta, ~ each in the amount of the Instalment Payment, the [irat c~?` ~ns~talment Payment to be made on the Fiist Inatalment ; Payment Date and aubsequent Inatalment Paymenta on ~fi~ay o( each month thereatter unti! the Maturity Date ~ whereupon the entire unpaid balance of principal and interest accrued and unpaid thereon a6all become due and pay- able; each such inatalment when paid shall be applied Ctet to the payment of interest on the unpaid balance at the In- ~ terest Rate and the remainder t6ereof to payment on account oE principal. ~ 3 If any Instalment Payment shall not be paid when due. then the entire principal sum and accrued interest bere- ~ under shall become due and payable at once or thereafter, at the option of the holder of thie Note. The Payee may, at ~ its option, collect a late charge not to e:ceed two cents for each one dollar of each Inatalment Payment not paid when ~ due to reimburse the Payee for e:penges of aervicing delinquent Instalment Paymenta. Failure to e:ercise these options shall not constitute a waiver of the right to exercise the same in the event of any aubsequent default. It is further agreed that the Maker and each endoraer, aurety, guarantor. jointly and eeverally, shall pay all coats of ~ collection of this Note, including a reasonable attorney's fee, on failure to pay any Instalment Peyment or any acerued ~ interest due hereunder on the due date thereof. This Note and all sums due hereunder shall bear interest at the highest lawful rate of interest per annum in the State of Florida from the date when the principal and accrued interest under this Note shall be due and payable. The total interest payable hereunder shalt not in any one year exceed the highest ; lawful rate of interest in the State of Florida. ~ ;I ~ This Note is secured by a Mortgage, dated the date hereof, of property aituated in the State of F7orida. i ~ i 'I'he Maker agrees that it shall be bound by any agreement eztending the time or modifying the above terms of ~ ; payment, made by the Payee and the owner or owners of the property affected by said IVlortgage, whether with or with- ~ ; out notice to the Maker, and the Maker shall continue liable to pay the amount due heteunder, but with interest at a < € rate no greater than the Interest Rate, accordinq to the term4 of any such agreement of eztension or modification. f i i The unpaid balance of the Principai Amount, plus accraed interest shall become due and payable at the option of ~ ~ the Payee under the happening of an event by which said balance shall or may become due and payable under the terms 4 of said Mortgage. ' ; ; This Note may not be changed orally, but only by an agreement in writing, aigned by the party against whom en- { Q torcement oE any waiver, change, modification or discharge is sought. ~ ~ All parties to this Note, whether Maker, principal, surety, guarantor or endorser, hereby waive presentment for ' ~ payment, demand, protest, notice of protest, and notice of dishonor, and expresaly agree jointly and severally to remain ~ and continue bound tor the payment ot the principal and interest provided tor by t6e terms o[ thia Note, notwithstanding ~ # any eztension or extensions of t6e time of, or for the payment oi said principai or intereat, or any cbange or changea in ~ the amount or amounts agreed to be paid under or by virtue of the obligation to pay provided for in this Note, or any ~ change or changes by way of release or surrender or substitution of any real property and collateral, or either, held as ~ security tar thia Note, and w•aive all and every kind ot notice of such e:tenaion or e:tensions, change or changes, and ~ agree that the same may be made without the joinder of the Maket. ~ l~iddres~s 1Sa7 Citrus Aveaue Fort ltierce, FlOrida 33450 /s/ William C. Troy, Jr. ~ ~ _ ~ /s/ Syrelda R. Troy ~ , ~ _ ~ ; r~ i ~ ~ ~ # %F 4 ~ S r_, r ~ ~ BOt~J~c~.J i PACf~~ r~ rr~r s:s - rxrarrr er ~ua ~ ~ - - - - - - - - < ~ } s._ ~~~v,...~~~ ~n T. _ . . . i